You certainly have to take into consideration any feedback left by traders about any of the Forex brokers, but then at the end it is your decision.
I have nothing for or against InstaForex broker and can't be a warrant of funds safety for any broker, obviously.
InstaForex headquarters are in Russia and they are licensed and regulated by Russian Laws.
http://instaforex.com/licence.php

Thank you.
That's a compliment from Instaforex, I'd suppose...

i heard many about instaforex .. and i was going to open an account .. after your post i will not!
i hope to hear more from traders about this instaforex .

InstaForex has a confirmed case of scam!

Watch this http://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/3484-new-ex...

Sorry for my bad english.

i have been using instaforex for sometime now and have made successful withdrawal,so i advice you check up very well before drawing conclusions

Yes InstaForex has 1000:1 I was attracted to open a real account 'cos of this. I found out that they are always reluctant to pay your earned profit. I have a strategy to trade the news which always works. When you make such money they will refuse to pay or the worse they refund your deposit if you are too difficult for them. Before you can take any step they will zero your account and let you feel they can do anything and get away with it.
This is a personal and live experience.
please help find out are they not allowing news trading?
olu-joe

Hello! My name is Denis, and I`m an official representative of InstaForex Company and I want to comment this quote:
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trader
August 22, 2009
InstaForex is not an ECN.
Unfortunately, not only they appear to have not enough knowledge about true ECN, it looks like they have copied few paragraphs from your ECN broker page...
Compare to: http://instaforex.com/ecn-broker.php
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It is an absolute nonsense that someone says we had copied the text from 100forexbrokers! This text was written by a copy-writer of our company! And our position is that our copyright has been infringed!
InstaForex is an ECN-broker. Cooperation with major market-makers and brokers-counter agents complete with huge clients base provides InstaForex Company with high liquidity and opportunity to make fast online service available for its clients.
There are a lot of different ambiguous descriptions of ECN-trading in the Internet, but you shouldn't believe everything written there. ECN-trading means using bigger than 1 market lot deals that makes it impossible for clients with micro and mini forex accounts. That is why our company offers ECN-trading by a scheme of all clients lots summarizing with the further transferring to the counter agent. Every client makes a deal with another one or appears to be a part of summarized position transferred to ECN-counter agents.
Giving a clear definition of ECN-trading, a deal of 0.01-10 InstaForex lot can not be a 100% ECN-deal, however, deals calculating scheme of InstaForex gives an opportunity to clients with accounts lower than Standard Forex to obtain all advantages of ECN-trading and usual trading by means of broker (in particular, profitable trading conditions, which are not available with direct ECN-trading).